Global insight
Russia MMK’s Crude Steel Production Rises in Q1
[www.ferro-alloys.com] Russia Magnitogorsk steel works (MMK) released revenues statement in 1st quarter this year, MMk’s crude steel production reached 3.02 million tons, an increase of 4.4% year on year. |
Solar Plane Lands In California After Completing Historic Flight
A solar-powered airplane on a mission to fly around the globe landed in California, finishing a dangerous, three-day flight across an amazing expanse of the Pacific Ocean. |
Bushveld Moves to Acquire Evraz Stake in Vanadium Mine, Plant
[Ferro-Alloys.com]Diversified mineral development company Bushveld Minerals has agreed exclusivity to complete a confirmatory due diligence for the acquisition of financially troubled Evraz’s controlling interest in the producing Vametco’s |
Almonty Announces That It Has Signed a Binding Heads of Agreement to Sell the Wolfram Camp Mine
[Ferro-Alloys.com]Almonty Industries Inc. (“Almonty”) (TSXV: AII) Almonty announces that it has signed a binding heads of agreement to sell the Wolfram Camp Mine (“WCM”) in Queensland to ATC Alloys Limited (ASX: ATA) (“ATC”). |
NSS: Copper and Molybdenum Production Levels Decrease in Armenia
[Ferro-Alloys.com]According to data provided by the National Statistics Service of Armenia, 62 thousand tons of copper concentrate has been produced in Armenia in January and February of 2016, exceeding the results of the previous year by 45.3%. |
Fitch Affirms Molymet's IDRs at 'BBB'; Outlook Stable
[Ferro-Alloys.com]Fitch Ratings has affirmed Molibdenos y Metales S.A.'s (Molymet) foreign and local currency Issuer Default Ratings (IDRs) at 'BBB' and national scale ratings at 'A+(cl)', 'AAA(col)', and 'AA+(mex)', respectively. The Rating Outlook is Stable.... |
Vale's Iron Ore Production Slightly Increases in Q1
[www.ferro-alloys.com] The world's largest iron ore producer, Vale announced that the company’s iron ore production was 77.54 million tons in the 1st quarter of this year (excluding Samarco productions and third-party procurement), an increase of 0.2% year on... |
United States Wire Rod Prices Rise Further
[www.ferro-alloys.com] United States domestic wire rod prices continued to upward trend, and the steel market demand has improved further. Meanwhile, wire rod mills have announced to increase prices at US$50/short ton or US$55/ton, effect on May 1. However, th... |
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